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Pre-Shipment Export Credit

Pre-Shipment Export Credit

Development and Investment Bank of Türkiye, Pre-Shipment Export Credit (PSEC)

What is the Pre-Shipment Export Credit?

The Pre-Shipment Export Credit (PSEC) represents a strategic financing initiative offered by Turk Eximbank (Export Credit Bank of Türkiye), facilitated through our Bank, designed to bolster our country’s export capabilities and connect exporting firms through various financial channels.

The primary objective of this program is to empower exporters and export-oriented manufacturers to broaden their export networks and gain access to new markets by diversifying the range of goods and services they export.

Turk Eximbank provides essential financing to manufacturers and exporters during the preparatory phase in the form of cash credit.

As the Development and Investment Bank of Türkiye, our Pre-Shipment Export Credits are designed to support the diversification of exported goods and services, assist firms in penetrating into new international markets, and promote the expansion of outbound investments.

Pre-Shipment Export Credit

Scope and Conditions of the Pre-Shipment Export Credit

  • Exporters located in Türkiye, manufacturers holding exporter status, and producers of export-oriented goods are eligible to access this credit facility.
  • Foreign Trade Capital Companies (FTCC) are excluded from participation in this specific credit program.
  • To avail a PSEC loan, it is requisite to establish a pre-approved credit limit with our Bank.
  • There is no predetermined minimum floor for the loan amount available under the PSEC program.
  • The interest rates applicable to the loans are contingent upon the maturity, amount, and currency of the requested facility.
  • The interest rate confirmed at the time of securing the loan will remain fixed until the maturity date.
  • The loan is exempt from Taxes, Duties, and Fees, as well as the Resource Utilization Support Fund (RUSF).